Pending

18 Water Street

Warren RI, 02885

$1,199,900


$235.27 per sqft

Pending

1 Bath

5,100 sqft

Multi-family

Built in 1900

Fantastic Investment Opportunity! Welcome to this charming commercial building, situated in the heart of a bustling village. This totally renovated property presents an incredible chance to own a versatile space that is currently operating as a well-being clinic w/ an apothecary storefront. The sale includes the 2 buildings, and if desired, the existing apothecary can be seamlessly transferred to the new owner. The front area of the building houses the apothecary, showcasing natural health products, herbs, & remedies. Additionally, the 2nd floor boasts 2 apartments that previously served as residences. While they currently lack kitchens, the layout & infrastructure make it easy to add them back in w/ town approval. There is also a spacious barn situated in the parking lot. This barn may be transformed into a studio apartment, ice cream.... The possibilities are endless subject to town approvals. Let your imagination run wild. Speaking of the parking lot, you'll have room for up to 10 cars for guests and staff. This property benefits from high visibility & a steady flow of foot traffic. Take advantage of the proximity to other businesses, shops, waterfront, and amenities, fostering collaboration and growth. Don't miss this exceptional opportunity to acquire a thriving commercial space with endless potential. Whether you are an entrepreneur looking to expand an existing business or an investor seeking a solid income-generating asset, this property ticks all the boxes.

1345403

MLS ID

October 5, 2023

Listed

May 9, 2024

Updated

Map

18 Water Street
Warren RI, 02885

Interior Features

Total Stories

3


Total Bathrooms

1


Interior Features

Bathroom Rough-In, Cathedral Ceiling(s)


Appliances

Electric Water Heater, Gas Water Heater


Laundry Description

Common Area


Floor Description

Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Gas

Exterior/Building Features

Lot Size

0.19 Acres


Sewer

Connected

Other Property Details

Taxes

$12,283


Tax Frequency

Annually


Days on Market

102


Garage

No


Parking

No Garage


Parking Total

10


View

No


County

BRISTOL


Water Source

Public


Pool

No


Waterfront

Yes


Buyer Agency Compensation

2% ns

 

Courtesy of Harborside Realty

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Libby Kirwin Real Estate are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2024 State-Wide MLS, Inc. All rights reserved.

Data last updated 1:45 PM UTC, 5/9/2024.

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